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Financial Advice

The Seductive Lure of Meaningless Information

David Geller | Posted 03.31.2015 | Money
David Geller

I'll go out on a limb here and say we've all done it. We look up from our computer, iPad or iPhone, where we've just spent time on something that is really of no importance to us when we could have been engaging in a more meaningful activity. And that's my definition of wasted time.

3 Money Questions We Are Too Embarrassed To Ask

Credit.com | Posted 03.30.2015 | Money
Credit.com

Money troubles can be hard to discuss. The secret many don't seem to know is they are not as alone as they feel. Here are some questions people ask me -- and the ones I ask them in response.

Required Minimum Distributions: What Are the Dates And Deadlines?

Carrie Schwab-Pomerantz, CFP | Posted 03.25.2015 | Money
Carrie Schwab-Pomerantz, CFP

I'm turning 70 in a few months and know I'll be forced to withdraw money from my retirement accounts. How does that work and are there some special rules I need to be aware of?

How I Paid Off $50K Of Debt In Less Than 3 Years

Credit.com | Posted 03.25.2015 | Money
Credit.com

Graduating from college debt-free feels really good. When Ja'Net Adams got her degree from South Carolina State in 2003, she was one of those fortunate students who started her adult life without debt, and things went along really well for her. Then, in 2008, she lost her job.

5 Bad Money Habits You Can Break Today

Credit.com | Posted 03.20.2015 | Money
Credit.com

When it comes to bad financial habits, there are some serious ones that can cost you thousands of dollars. Which of these habits are you guilty of committing?

Six Tips On Preparing For Tax Day

Carrie Schwab-Pomerantz, CFP | Posted 03.18.2015 | Money
Carrie Schwab-Pomerantz, CFP

But whether you prepare your own return or work with a tax professional, there are ways to make the process less burdensome. It all hinges on a bit of upfront organization, and having a basic understanding of how your tax bill is calculated.

8 Money Lessons To Learn Before You Turn 40

Credit.com | Posted 03.17.2015 | Money
Credit.com

Reaching your fifth decade is a milestone, and hopefully you have learned a few things on the way. Here are some of the important financial lessons that are good to learn before turning 40.

4 Ways Viewing Yourself as Not Rich Can Harm You

David Geller | Posted 03.16.2015 | Money
David Geller

Are you rich? Pause for a moment and really consider the question. Does it make you feel uncomfortable to consider yourself rich? No matter how much money we have, most of us avoid classifying ourselves as rich.

Seven Potential Costs Of Owning A Home That Should Factor Into Your Budget

Carrie Schwab-Pomerantz, CFP | Posted 03.11.2015 | Money
Carrie Schwab-Pomerantz, CFP

I get a lot of questions regarding the costs of owning a home, typically about saving for a down payment or paying off a mortgage. But homeownership involves numerous other costs that can impact your budget. So as the spring home-buying season gets underway, I thought it would be a good time to step back and look more closely at the ongoing financial realities.

How I Beat Quicken's Upgrade-or-Else Scheme

Jeff Fox | Posted 03.12.2015 | Technology
Jeff Fox

A few years ago, I began to question whether each new version's bells and whistles, many of which I didn't need, were worth the price. Then there were the changes Intuit had made to the program's user interface over the years that forced me to change my habits.

Tax Preparers Make More Mistakes Than You Might Think

Credit.com | Posted 03.11.2015 | Money
Credit.com

Set aside for a moment the financial truth that if you are getting a big tax refund, you are doing it wrong. Plenty of studies into "professional" tax preparers show they are often doing it wrong, too.

Getting Ready To File Your Taxes? Don't Miss This Checklist

WiserAdvisor.com | Posted 03.09.2015 | Money
WiserAdvisor.com

Tax season is upon us again. April 15th may be the official deadline to file, but now is the time to start gathering everything you'll need so that you aren't scrambling in the eleventh hour.

5 Things You Need To Know Now About Private Investments

Blaine McLaughlin | Posted 03.12.2015 | Money
Blaine McLaughlin

Investing in private companies and funds is becoming more accessible, with smaller investment amounts, helpful regulatory changes and the availability of streamlined processing. Of course, private investments are not for everyone. But before you decide they're not for you, you need to understand the watershed changes taking place in the private securities sector.

Countdown To Tax Day: A Six-Week Prep Guide For April 15

LearnVest | Posted 03.04.2015 | Money
LearnVest

It's six weeks until T-Day. That's Tax Day for those of you who haven't given much thought to the yearly deadline. While we're not quite there yet, crunch time is just around the corner -- unless you start gathering your materials and making some serious strides today.

If You Have A 401(k) Do You Need An IRA, Too?

Carrie Schwab-Pomerantz, CFP | Posted 03.04.2015 | Money
Carrie Schwab-Pomerantz, CFP

The bottom line is you can't really save too much, only too little. So use all the savings and investing vehicles available to you, including both an IRA and your 401(k), to save as much as you can, as early as you can -- and, at the same time, get the maximum tax break. You won't regret it.

Dealing With an Unexpected Financial Blow to Your Business

David A. Dedman | Posted 03.03.2015 | Small Business
David A. Dedman

As a business owner, I know there's nothing quite as stressful as getting blindsided by an unexpected financial blow. And as a business owner, you know you need to prepare. But how? How do you cope with that inevitable cash flow crapper?

Paying For College: Are Scholarships Taxable?

Carrie Schwab-Pomerantz, CFP | Posted 02.26.2015 | Money
Carrie Schwab-Pomerantz, CFP

Dear Carrie, My daughter was lucky enough to receive a significant college scholarship. Is this considered taxable income to her? And does her scho...

A New Financial Rule and a Lone Official Win Allies Against Wall Street

Richard (RJ) Eskow | Posted 02.24.2015 | Politics
Richard (RJ) Eskow

A lone bureaucrat has been fighting the financial industry for years, on a issue which stands at the intersection of two national challenges: investment regulation and retirement security. Along the way she's collected some new and interesting allies. Is that a sign of things to come?

5 Things You Do Every Day That Can Improve Your Credit

Credit.com | Posted 02.23.2015 | Money
Credit.com

Some of the best ways you can help your credit are so ingrained in your day-to-day routine, you're probably working on your credit without really thinking about it. The simple, carefree route to good credit -- sounds nice, doesn't it?

5 Tax Myths That Can Cost You

Credit.com | Posted 02.25.2015 | Money
Credit.com

Tax myths are a lot like a bad date. They are annoying and seem to last forever. Yet people have beliefs about income taxes that have no basis in reality. Were it not for the potential financial costs, some of these might be amusing. But if you believe them and act upon them, they can cost you serious money.

10 Tips For Boosting Your Credit Score In 2015

WiserAdvisor.com | Posted 02.19.2015 | Money
WiserAdvisor.com

Your credit score is more than just a three-digit string of numbers; it holds real power over your ability to rent an apartment, apply for a mortgage, secure a car loan and even get a job. What can you do if your credit score isn't as great as you'd like it to be?

Money Management Tips For Couples Merging Households

Carrie Schwab-Pomerantz, CFP | Posted 02.18.2015 | Money
Carrie Schwab-Pomerantz, CFP

Moving in together is a big emotional step. It's also potentially a big financial step -- which can impact a relationship positively or negatively, depending on how open each partner is about money.

6 Common Myths About Financial Planning -- Busted

LearnVest | Posted 02.16.2015 | Money
LearnVest

A survey by Charles Schwab found that one in three people don't seek any outside input when it comes to managing their money. And, in large part, that could be due to some prevalent myths and misconceptions people have about using a financial adviser.

For Small Businesses, Funds are Now a Click Away

Shindy Chen | Posted 02.13.2015 | Small Business
Shindy Chen

Businesses live and die by it. Growing up the daughter of small business owners, and for anyone who's owned a small business, we can certainly attest to the daily anxiety of taking in enough cash to pay vendors, overhead and employees.

Modern Love And Money: Who Picks Up The Check?

Carrie Schwab-Pomerantz, CFP | Posted 02.11.2015 | Money
Carrie Schwab-Pomerantz, CFP

As if dating didn't come with enough uncertainties, today's variety of financial situations can add another layer of concern: Who pays for what? Traditionally, the male has always been expected to pay. But traditions change with the times -- right?